Oberoi Hotels Expanding Globally

Priyal DuttaNovember 26, 20241 Mins read646

Oberoi Hotels and Resorts will considerably expand over the next five years, launching over 20 new hotels, luxury yachts, and cruisers and adding 1,350 keys to its portfolio to address rising demand for premium travel experiences.

Of these, 288 keys will be located outside India, with the first openings set for 2026. EIH, the Oberoi Group’s publicly traded entity, will own nine new properties, while 11 will run under management contracts. In India, new destinations include Rajgarh (Khajuraho), Bandhavgarh, Goa, Visakhapatnam, Tirupati, Jawai, Gandikota, Hebbal, and Pune.

Properties are planned internationally in Bardia (Libya), Diriyah (Saudi Arabia), Kathmandu, Bhutan, and London. The Mayfair location in London will mark Oberoi’s debut in the UK market. Currently, the company manages 3,772 keys in India and 497 globally.

This development demonstrates Oberoi’s dedication to its luxury positioning. The company recently announced a 41% increase in consolidated net profit for the September quarter, led by higher occupancies (73%) and a 9% increase in average room rates year on year to over Rs 15,000. With the impending wedding season in India, demand is likely to climb even further, increasing occupancy rates and income.

Written by

Priyal Dutta - Senior Correspondent/Editor

As Senior Correspondent and Editor at Safari India, I write about the people, businesses, and trends shaping the travel, tourism, hospitality, aviation, and lifestyle industries. My work ranges from breaking news and exclusive interviews to in-depth features and industry analysis, with a focus on delivering accurate, balanced, and engaging stories. I enjoy uncovering the details behind every story and presenting them in a way that keeps readers informed and connected to an ever-evolving industry.